Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (11095)	8/8/2008 8:11:43 AM
From: re3	Respond to of 50198

Job losses in Canada: Canadian dollar at 1-yr low after weak jobs data Fri Aug 8, 7:19 AM LONDON (Reuters) - The Canadian dollar fell to its lowest level against the U.S. dollar in a year on Friday after weak Canadian employment data added further evidence that the country's economy is slowing sharply. Fifty-five thousand Canadians lost their jobs in July, the most since February 1991, official data showed. See . The U.S. dollar extended earlier gains to trade as high as C$1.0679 , up 1.3 percent on the day and the highest since August last year.

To: SliderOnTheBlack who wrote (11095)	8/8/2008 9:01:19 AM
From: ItsAllCyclical	Respond to of 50198

Now this is pouring salt on the wounds: Precious Metal stocks downgraded to Neutral from Attractive at Goldman Sachs I'm amazed there is still this much denial out there despite what's happened w/gold stocks, gold and the Euro. Lot of gold traders still think 850 will hold. Based on very simple TA we've already broken down. How many hedge fund traders do you think are looking to liquidate the massive stops all huddled around the 850 area? Being cash helps so much in thinking from an unbiased perspective.

To: SliderOnTheBlack who wrote (11095)	8/8/2008 10:41:33 AM
From: RonMerks	Read Replies (1) \| Respond to of 50198

Re- The Gold and commodity smackdown- I still say that this is a Goldman Cabal & Co shakeout- (shakedown) on commodities and gold, so that Bernanke can cut rates when the shit hits the fan with Fannie, Freddie, and housing doesn't recover. I think shit gets worse for the economy and Bernanke will be cutting, not hiking rates. I guess we'll see if Slider's 'air pocket' get's tested at HUI 280. I think CDE and FCX represented deep value. I guess I'll soon find out if I was right. Still short USO and UNG- so at least they are paying for my gold and silver reentries. Hunkered down Ron Ps- Slider, YOU a Star Wars geek? Whodofthunkit?